Market retreat after Fed cut hopes curb rally stalls on wall street
Stock averages fell as investors bet the Fed may cut rates slowly or not at all amid strong retail sales and inflation signals. The Nasdaq dropped to 2,107.43, the S&P 500 slipped to 1,245 while the Dow edged lower. telecoms and Merck bid deeper losses weighed by reports of leadership changes and takeover chatter.
MENTIONED IN THIS ARTICLE
Standard & Poor
Fed
Merce Department
Aporcees Apni
Ec Sbo Seas Apie
Dow
Stearne
Heele Te
Telecom Spemmel
Nortel Networks
John Would
Ring
Ebusiness Week
Merck
Remem
Dex
Norusal Capie
Sng
U.S Bancorp
Piper Jaffray
New York Stock Exchange
Germany
Britain
France
Downtown Frederick Mayfest crowns best decorated winners
Downtown Frederick merchants decorated storefronts for the Mayfest contest. McCheerys Flat Bed Inn on East Patrick Street won the grand prize. runners up included McCleerys Mat ick Street and Colonial Jewelers. Creative use winners were Trail House on South Market Street, Molly's Meanderings, and Evangeline.
MENTIONED IN THIS ARTICLE
Frederick
McCheery
Flat Bed & Breakfast Inn
East Patrick Street
McCleery’s Matick Street
Country At Heart
Colonial Jewelers
Trail House
South Market Street
Molly
Sam Yu McCleery
E.patrick St
Allegheny Energy Negotiating Contract
Allegheny Energy Inc is negotiating a labor contract with a union representing several workers. On Friday the Chicago Board of Trade showed mixed commodity activity with wheat up and corn and cattle fluctuating, while pork and other prices edged lower.
MENTIONED IN THIS ARTICLE
Chicago Board of Trade
Cts Sa Bee Fay
Also Mentioned on This Page
Michigan
Labor Department
Ike Wilson
News-Post
Meta Nash
Fay Parsley
Darlene Aulls
Kathy Island
Fredericktown Bank and Trust
Brick Development Corp. Retail Committee
Friends of
East Third Street Park
Lisa Canby
Ms. Canby
Allegheny Energy
Et al Fonds
Vid
Mercedes-Benz
Hagerstown
Mercedes Center
Pacecion
Tan
Apa
Gene Romsburg Oil Company
Gene
Fool Company
Rockey Corrall
Stoff
Lockheed
Friskay
Dew Jones
Lowe's
Medimmune
New York
Mercantile
Bokshi
UY UnDual
Ee 3B
Science
BET
Procter & Gamble
Black & Decker
PennNat
Ambrex
Jcpenney
CSKC
O11
Coca Cola Ent
Ee Potem
Toys R Us
First United
Airways
Fred Brew N/A
NIA Verizon
MCT
Worldcom
Fulton Fin
WalMart
Washes
CaPacific
Weis
HCC Ins
Home Depot
IBM
Konart
Walter Watts
Edward Jones
North America
Canada
Ivestment
Edward Jones BC
T Starbng
Nee
Edward Jonesee
VOLVO
Saci
LDCR
Hicks
Kev
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